•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

From Komfie Manalo, Opalesque Asia:

The MRI Gardner Absolute Return Commodities, a market-neutral long/short commodity trading strategy launched on Feb. 24 by Switzerland-based asset manager MRI Gardner AG, gained 2.12% in its first full month of operations. The strategy was traded in a managed account for two years before the launch and delivered 27.73% in 2010 and 24.49% in the last 9 months of 2009.

Remarkably, the fund was able to generate an upbeat performance of 5% in the initial two weeks of its launch which coincided with the earthquake, tsunami and nuclear disaster in Japan.

MRI Gardner said that agricultural commodities followed their trend playbook over the past couple of months. Although the sector suffered some bump during the Japanese disaster, it was able to quickly maneuver towards an upward trend.

"Commodities are going through their most uncertain period in a long time. The tragic events in Japan have added questions to a unclear outlook. While there is much talk of government-controlled slowing down of the Chinese economy, and a brighter picture for the USA and hence the dollar, commodity prices have been quite resilient," the report said.

The markets initially reacted negatively towards the Japan earthquake as many analysts feared the disaster hit the commodities sect......................

To view our full article Click here